Modelling linear growth and decay
Chapter 8C
Chapter 8C
Apply a recurrence relation to model arithmetic growth for Simple interest, Flat-rate depreciation and Unit-cost depreciation
relate simple interest to a recurrence relation
relate flat-rate depreciation to a recurrence relation
relate unit-cost depreciation to a recurrence relation
graph linear recurrence relations for simple interest, flat-rate depreciation and unit-cost depreciation
Prior Knowledge:
Know what a sequence is
Know what a first-order recurrence relation is
Generate the terms of a first-order recurrence relation
Recognise and generate arithmetic sequences
Key Vocabulary:
linear
arithmetic
growth
decay
simple interest (interest, principal, interest rate, time)
flat rate depreciation (future value, written off, fixed amount, interval, cost price)
unit cost depreciation (unit, scrap value)
8C - 1, 2, 3, 4, 5, ,6 ,7 ,8